Hi, which health insurance plan is best????

Question

Great lakes health plan

health plan of Michigan

mclaren health plan

midwest health plan

molina health care

total health care

Answer 1

The one you can afford!  Your budget is the best clue, because health care providers will take as much money from you as you'll give them.  Low deductible and copay options always cost more, so ask to see the options in your price range.

Answer 2

You need to look at the coverage limits, some areas to consider are:

prescription limits, usually $3,000 per year up to $25 mil

ambulance limits can be as low as $750 per year up to $25 mil (one life flight can cost you $50,000)

life time benefit usually between $3 mil and $25 mil

do you need mental health coverage?

The you need to figure the cost of the plan two ways. First what t will the plan cost if you have no medical bills for the year. What is your total premium for one year?

Then what will the plan cost if you have a serious illness or bad accident. I usually figure a $50,000 in medical bills. for this scenario.  For this you need to add the total premium, deductibles, and coinsurance.

Now you can compare the plans to see which one is truly the best deal, you will usually find the high deductible plans work best in either scenario. Then consider a Health Savings Account qualified plan, this can create additional tax savings.

Or you can just call a qualified broker who has probably already done this work.

With all the different health carriers and plans available most people really should use a health insurance broker. A Broker represents multiple carriers and can help you sort through all the different insurance companies and plan options in your state.

For example a typical broker can have access to 10 major carriers and 60 different plans just for one state.

You can try doing your own research on the internet, but if you give a good broker 5 minutes they will be able to make suggestions on which carrier may fit you best.

I suggest using yellowpages.com to search for health insurance brokers in your area.

Don't call your auto and home agent they specialize in property and causality insurance. You need someone that specializes in health insurance.

Good Luck